China Is Now the World's Workshop

We used to have a very even pattern of economic distribution around the country. Now, macrol agglomeration effects and technology has changed the game so that china is now the workshop of the world. And thus, you've seen that circle wherec just circles china and indian is like more people live inside the circle than outside it. Well, that's where the stuff is going to be made. So we've been making less and less stuff is a proportion of our economy. Not dindustrializing an absolute sense, although a little bit of that,. But then dindustrializing in a relative sense, whits less less and less important our economy.